Alec Sprague | Budget solution is hiding in the Cayman Islands

8:26 PM,
Mar. 3, 2013

Written by

Alec Sprague | Special to The Courier-Journal

The budget fights in Washington, D.C., Frankfort and Indianapolis are looking predictably ugly this year, and are shaping up along familiar lines: Do we raise taxes? Do we sink deeper in debt? Which programs do we cut - and how deep?

Fueling these debates are the automatic across-the-board federal spending cuts. These cuts make no distinction between priorities and wasteful spending, cutting both with equal abandon. The cuts to military spending and Medicare are getting most of the attention, but the impact doesn't stop there. Food safety programs would be forced to cancel 2,100 safety ...